Perry English, a consultant for Rubicon Minerals (RMX-T, RBY-X), is this year’s recipient of the 2007 Ontario Prospectors Award, from the Ontario Prospectors Association.
The award was presented to English during a dinner and awards ceremony on Dec. 11, in Sudbury, Ont.
“In our view, Perry is unique in our industry,” said David Adamson, president and CEO of Rubicon during the ceremony. “The prospector continues to be a mainstay in the Canadian mining business and no one exemplifies this better than Perry.”
English was commended for his willingness to “to roll up his sleeves and ‘turn over the moss’ in the hunt for new mineral occurrences.”
The prospector held interests in 90 mineral properties in Ontario before selling them to Rubicon in 2003.
Through the purchase, Rubicon created the English Royalty Division (ERD) of the company, which generates royalties by optioning out land covering 1,000 mining claims to other juniors. The ERD has allowed the company to stake 12,000 claims at no net cost, and has provided cash plus share option payments of about $1.5 million over three years.
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